It always fascinates me to see changes in the SP 500 earnings and revenue data and how it correlates to the actual index or market action. Was 2017’s 21.8% SP 500 index return discounting the 2018 “expected” EPS growth of … Continued
With the first quarter expected to end Thursday night, March 29th, 2018, given the stock and bond markets will be closed for Good Friday, the SP 500 could end the first quarter with a negative return despite the large upward … Continued
The SP 500 fell 5.95% this past week, and is now down 2.91% year-to-date. How is Q1 ’18 revenue growth looking as we head into the start of Q1 ’18 earnings ? This blog has typically focused on SP 500 … Continued
The SP 500 earnings yield ended Friday, March 23, 2018 at 6.11%, higher than the 6% print on February 9th, 2018. Of course since the week of February 9th, the SP 500 forward estimate has risen from $157.28 to this … Continued
The Technology sector has had a tough few weeks and frankly it’s been long overdue, but with the recent stock market correction, one sector we thought would get a bid in rockier seas, and hasn’t, is Consumer Stables. In fact … Continued
The goal of the above table is to give readers some idea of how the SP 500’s EPS estimates have changed the last few months. The week of 12/22/2017 was the Friday the President signed the 2017 tax reform … Continued
Listening to the financial media every day, and watching the stock and bond markets trade, there is always an “immediacy” to the news, and it tends to be binary: either great wealth is being created daily and you are “missing … Continued
Around April 10th we should start to see the very start of Q1 ’18 earnings, and typically the big banks start the ball rolling, or as Alan Abelson’s Barron’s used to say throughout the 1990’s “companies will step into the … Continued
Every so often, readers are updated on the SP 500’s sector rankings in terms of market cap weight and earnings weight. What surprised me more than Tech’s 25% weighting currently (versus its all-time-high of 33% weighting in March, 2000) … Continued
Longtime readers that pay attention to SP 500 earnings know that the typical pattern for the “forward 4-qtr estimate” is that its high print usually occurs the first week of every quarter as the trailing quarter falls off and the … Continued